#Cryptocurrency Mining

All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.

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ForkLog 9 18.01.2021

Iran confiscates 45,000 ASIC miners used for Bitcoin mining

Iranian authorities confiscated 45,000 ASIC miners that were illegally connected to the state electricity company Tavanir. CoinDesk reports, citing local media.

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ForkLog 88 15.01.2021

Barry Silbert: Foundry Set to Become the Largest Mining Pool in the United States

Barry Silbert, founder of Digital Currency Group, announced the launch of Foundry's mining pool by its subsidiary in February 2021.

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ForkLog 20 15.01.2021

Coinbase backs Titan, a mining-infrastructure software developer, and launches Asset Hub

The largest American bitcoin exchange Coinbase funded Titan, a mining-infrastructure software developer. The amount of the investment was not disclosed in the press release.

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ForkLog 11 15.01.2021

Galaxy Digital launches new unit focused on Bitcoin mining

Led by Mike Novogratz, Galaxy Digital has opened a new unit focused predominantly on Bitcoin mining, the statement said.

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ForkLog 7 14.01.2021

Pakistan’s Khyber Pakhtunkhwa province to mine Bitcoin with state funds

The authorities of Pakistan's Khyber Pakhtunkhwa province have decided to establish two Bitcoin mining ventures, local media report.

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ForkLog 10 14.01.2021

Media: Bitmain’s main rival to go public

The Chinese miner maker under the Whatsminer brand, MicroBT, plans an initial public offering on the U.S. Nasdaq. According to 8btc, citing its own sources.

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ForkLog 11 13.01.2021

Marathon to raise $250 million for expansion

The Nasdaq-listed mining company Marathon Patent Group will raise $250 million through the sale of 12.5 million shares to buy new cryptocurrency mining equipment, according to a press release.

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ForkLog 6 13.01.2021

Office building in St. Petersburg catches fire due to cryptocurrency mining equipment

On January 12, at 5 p.m., EMERCOM of Saint Petersburg received a report of a fire in an office building on Akademika Pavlova Street. According to witnesses, the blaze could have been caused by cryptocurrency mining equipment.

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ForkLog 8 12.01.2021

Bit Digital, which pivoted to mining, accused of deceiving investors

Nasdaq-listed mining company Bit Digital is suspected of violating securities laws and may have misled investors about its activities. This was reported by American law firm Hagens Berman.

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ForkLog 9 12.01.2021

Kentucky lawmakers propose tax exemptions for bitcoin miners

Representatives of the Kentucky House of Representatives introduced a bill offering tax breaks for bitcoin miners. It is designed to boost the state's appeal for commercial cryptocurrency mining.

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ForkLog 10 11.01.2021

Chinese online lottery provider 500.com to buy Bitcoin miners for $14.4 million

The NYSE-listed online lottery services provider in China, 500.com Limited, has signed an agreement to purchase Bitcoin mining equipment. The deal is worth $14.4 million, according to a release.

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ForkLog 10 11.01.2021

Former top executives of Kalmykia enterprises charged with illegal cryptocurrency mining

The Kalmykia Prosecutor's Office has approved charges against the former CEO of 'Zavod ZhBI — Konstruktsii' and the former director of the company 'DSK' for illegal cryptocurrency mining in production facilities. According to the agency's press service.

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